Press Release

Release Date: January 25, 2012

For release at 2:00 p.m. EST

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached table and charts summarizing the economic projections and the target federal funds rate projections made by Federal Reserve Board members and Federal Reserve Bank presidents for the January 24-25 meeting of the Committee.

The table will be incorporated into a summary of economic projections released with the minutes of the January 24-25 meeting. Summaries of economic projections are released on an approximately quarterly schedule.